“I don’t see a huge bubble on the other side of household debt that is going to savage people’s assets,” said Josh Bivens, director of research at the liberal Economic Policy Institute.
Money and Markets
August 5, 2019
WASHINGTON, DC — D.C. is the most expensive place in the country for those seeking child care, according to new research from the Economic Policy Institute. Those who have two kids requiring child care will spend more than half their household income on it in the District.
Infant care is 321 percent more expensive than in-state tuition at a four-year public college in D.C., which is $5,756, according to the Economic Policy Institute, a nonprofit think tank that analyzes workers and economic policies.
Patch
August 5, 2019
VIRGINIA — Child care isn’t cheap in Virginia, which is one of the most expensive states in the country for those seeking out this service. Virginia ranked 10th out of 50 states for the cost of infant care, according to the Economic Policy Institute.
Patch
August 5, 2019
ACROSS ILLINOIS — Child care isn’t cheap in Illinois. According to updated research from the Economic Policy Institute, parents in Illinois shell out $13,802 for infant care on average every year — that’s $1,150 each month.
Infant care for one child eats up 18.2 percent of a median family’s income in Virginia, according to the Economic Policy Institute. Child care for an infant and a 4-year-old takes up 32.2 percent of a family’s income, costing $24,929, the institute reports.
Patch
August 5, 2019
CHARLOTTE, NC — Child care isn’t cheap in North Carolina. According to updated research from the Economic Policy Institute, parents in North Carolina shell out $9,480 for infant care on average every year or $790 each month.
Patch
August 5, 2019
CHARLOTTE, NC — Child care isn’t cheap in North Carolina. According to updated research from the Economic Policy Institute, parents in North Carolina shell out $9,480 for infant care on average every year or $790 each month.
Patch
August 5, 2019
AUSTIN – A new Economic Policy Institute report shows how hard it is for Texas families to pay for early child care and education for one child – let alone two.
Zane Mokhiber, data analyst with the Economic Policy Institute, said most people don’t think of infant care as a particular cost burden when compared with expenses including education and housing, but it’s actually one of the bigger costs facing families. A typical Texas family with two children has to spend more than 27% of its income for child care.
“So the annual cost of infant care in Texas is around $9,300 and the cost of in-state tuition at a four year public college $8,645. So it’s around $700 more than in-state tuition,” Mokhiber said.
El Paso Herald-Post
August 5, 2019
Everyone who works deserves a fair wage for all their hours on the job. But about 217,000 times each year, an employer pays an Ohio worker less than the minimum wage. These violations alone cost Ohio workers an estimated $600 million — about $2,800 for each of these Ohio workers on average, according to the Economic Policy Institute.
Cleveland.com
August 2, 2019
According to the Economic Policy Institute, a non-profit think tank, the top 1 percent of wealthiest residents in New Hampshire captured 6 percent of income growth from 1945-73.
New Hampshire Union Leader
August 2, 2019
Economic factors included the median home value, the monthly cost of living for two people with no children, and the state-local tax burden as a share of state income. Tax burden data came from the Tax Foundation and are for 2012, the most recent year available. Median home value came from the 2017 ACS 5-Year estimates, and the monthly cost of living came from the Economic Policy Institute for 2017. All factors were given equal weight.
USA Today
August 2, 2019